The Future of EU Funding & the Ukraine Facility
Instructors: Vincent Winterhager
Abstract
This project course covers two interlinked topics at the heart of the policy debate in Brussels: (i) the new funding instruments of the EU and the (ii) Ukraine Facility.
NextGenEU marks a historical shift in economic policy of the EU. Students will learn about the new funding instruments outside of the regular budget (MFF) and its groundbreaking consequences for future EU policies from a (a) legal (possibilities and constraints of funding on EU level outside MFF), (b) practical (implementation of NextGenEU), and (c) political economy (carrot and stick principle, larger fiscal capacity, new dynamic Commission/ Member States) perspective.
The course then turns to the most recent example of this funding instruments in foreign policy, the Ukraine Facility. By examining in detail the Facility, one of the biggest financial support instruments to Ukraine, the course explores the (a) key mechanisms of the Facility, the (b) Political Economy of Ukraine (transformation economics vs. intl. political economy), and (c) its interconnection with accession negotiations.
The course is taught by a Policy Officer from the European Commission, alongside practitioners and academics. The objective is to produce concrete policy papers, largely quantitative, guided by the Commission's needs and presented in Brussels at the end of the course.
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